Knicks close to getting McGrady
Trade number two seems to be taking place. Wojo via Yahoo is reporting the Knicks are close to acquiring Tracy McGrady. Here are the specifics. I cannot believe the Knicks giving up first round picks again.
The Knicks and Rockets have designed the framework of a deal that would unload New York’s Jared Jeffries(notes), Jordan Hill(notes) and either Al Harrington(notes) or Larry Hughes(notes) for McGrady, Joey Dorsey(notes) and Brian Cook(notes).
As talks stood on Monday, the price of dumping the burdensome contract of Jeffries – who is owed $6.9 million next season – comes with the Knicks and Rockets exchanging 2011 first-round picks and the Knicks’ 2012 first-round choice going to Houston. New York also might include a 2010 second-round pick.
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Walsh and D'Antoni are too invested in getting at least 1 free agent this summer
Opening up as much cap space as possible is more important b/c if they don’t score big, they won’t be around to see their 2010 (Hill), 2011, or 2012 lottery picks develop. I’m really surprised to see the Rockets take on Jeffries, they were supposedly wanting the cap space for this summer.
We have every right to dream heroic dreams. Those who say that we're in a time when there are no heroes, they just don't know where to look.
Ronald Reagan
Is Walsh panicking?
If the deal goes through as above and if the Knicks do not hit a home run this summer they have again mortgaged their future. I wonder if Dolan is putting pressure on Walsh to dump the long-term plan. They are willing to give up their 8th pick Jordan Hill, the 2102 pick and a 2011 swap to gain cap space by having Houston take Jeffries. I believe this takes Houston out of the 2010 sweepstakes.
They already wasted this season and last with the promise of bringing LeBron
On the one hand, Dolan has shown patience in the past while Layden and Thomas spent the most money in the league on mediocre at best teams. He may be willing to let them try to re-build if they strike out this summer. On the other hand, D’Antoni has already expressed impatience at having a less than spectacular team and Walsh is in his 70s. They may not want to stick around for a re-building effort if they strike out this summer.
We have every right to dream heroic dreams. Those who say that we're in a time when there are no heroes, they just don't know where to look.
Ronald Reagan
Risky business - the Knicks
Swapiing the 2011 pick, giving up the 2012 pick and trading Jordan Hill doesn’t facilitate rebuilding. snley I think you hit the nail on the head. Walsh is in his 70s and D’Antoniio is sick of losing and they are totally going for a home run this summer. If they don’t hit it out of the park they have diminished their future via draft picks for two years after this summer. I also thought Hill could be a player.
I'm guessing they think Hill + the draft picks they get in return will be more valuable than any max FA they can sign and they might be right.
In any case, I think this is very good for the Bulls, since it’s one less team with cap room this summer. It’s especially nice since it’s one that’s rumored to be an attractive destination for Bosh since he’s from Texas.
I was at first like "why the hell would Houston take on Jeffries for only Hill."
Then I read the fine print.
Other than swapping expiring contracts (McGrady, Harrington, Hughes, Dorsey and Cook) this basically comes down to Jared Jeffries and his 6.8 million dollar option that he’ll surely exercise for next season going to Houston, and Houston receiving Jordan Hill, swapping picks with the lowly Knicks in 2011 and getting the Knicks 2012 first rounder. For taking on 1 year and 6 million dollars for a player that probably fits into Houston’s system as well as any, that’s not too shabby of a haul. It’s not like Houston was getting a Bosh or anything anyways.
On New York’s side, they probably lose about 10 draft positions in 2011 and they lose yet another first rounder, but in 2012. By then, they should be well into the tax and likely have a quality playoff caliber team, with or without Lebron. If New Jersey moves into Brooklyn, as expected, it’s only going to guarantee that the Knicks keep spending top dollar. Even a lineup of Joe Johnson, David Lee, Gallinari, Chandler and whatever else they can come up with in the next 2 years should be a force. But the most important aspect of this trade for New York is the extra 6.8 million that comes off the books this summer. This puts them around 20 million in cap space USED this summer, so they could have upwards of 30 million dollars to spend, especially if you factor sign and trade options.
Get ready guys, the Knicks will be a playoff team very soon. How good they will be is still up in the air. This deal works for both sides, Houston adds good long term value without really giving up anything and New York eeks out just under 7 million dollars in valuable cap room to help them build now. This one will take awhile to fully analyze the end result though, at least 2013 I’d say.
Holy shit, the Knicks really hate the draft.
I simultaneously admire and laugh at the pure 2010 or bust nature of the team.
Taj Gibson is the face of Bulls basketball!
by Trey23 on Jan 5, 2010 6:31 PM EST reply actions 0 recs
Not to be a Nitpicket
But what’s up with Knicks and their Picks?
I guess D’Antoni still hasn’t gotten over his choosing the Knicks over the Bulls and then seeing them land the biggest fish in the pond, D Rose.
If you can't answer a man's arguments, all is not lost. You can still call him vile names.
Elbert Hubbard
It should have read a "Nitpicker" I've got to slow down my trigger finger more often, although I do like the sound of nitpicket.
Maybe I should have said a Knickpicker instead.
If you can't answer a man's arguments, all is not lost. You can still call him vile names.
Elbert Hubbard
by Tyrusmancrush on Feb 15, 2010 9:26 PM CST up reply actions
If anything...
…this points to the possibility that all the Knicks’ blundering in the past wasn’t all Isiah. It’s just a dysfunctional organization from top to bottom. Sure, Isiah was an idiot, but it looks like there wasn’t a smart person around to tell him “no! bad!” either.
Look at it this way: just view the Knicks like you view Jerry Springer. If you think your life (or your preferred NBA franchise) is bad, just look at the idiots on that show (or the Knicks). It could be worse.
by Will Perdue's Pinky Ring on Feb 15, 2010 10:08 PM CST reply actions
If they land LeBron James and Chris Bosh, will you still think that way?
In the past 10 years, just four team owners have not paid a luxury tax and are not on pace to pay one this year: Donald Sterling, Jerry Reinsdorf, Chris Cohen (Golden State), Bob Johnson (Charlotte).
Two owners’ teams averaged an operating income of over +$10 million per year while their teams have lost over 60% of their games: Donald Sterling and Jerry Reinsdorf.
Well...
I think shedding your draft picks like the Knicks have over the years is folly. The best teams build as much as they can through the draft. It allows teams to have potentially quality years on modest rookie contracts, build team chemistry better, and we all know the benefits of being able to resign your own players while ignoring the salary cap.
If this trade goes down and they get Bron/Bosh, it’s certainly a huge victory. But it would also be an unprecedented way of building a team; 2010 is a situation that almost never happens. I would also question the long-term depth of their team, and even what their supporting cast would be in that situation. Bron and Bosh can’t play 48 minutes and 5 positions.
by Will Perdue's Pinky Ring on Feb 16, 2010 9:35 AM CST up reply actions
Go Rockets!
Go Rockets/Nets[CDR]/Bucks[Jennings]!
Don't they have to aknowledge the possibility that Lebron, Wade, Deng, ect might decide
to stick with the teams able to offer them the biggest contracts?
It's a definite possibility
But they are going for it, good for them. Hopefully our team does the same.
by Grinder in Training on Feb 16, 2010 8:21 AM CST up reply actions
I can take some comfort that
We are not the knicks. Our org is bad but at least we made the playoffs a coulpe of times in spite of them.
Nocioni at least had some value even in his last year with us. Jeffries can’t do anything, he’s not even half the defender that everyone thinks he is.
Jeffries
is one of the most useless players in basketball.
by QUINTEN DALEY on Feb 16, 2010 1:39 PM CST up reply actions
I'm a Rox fan and i think the Knicks
are giving up too much for T-Mac.
by inquisitiveman on Feb 16, 2010 10:11 PM CST reply actions

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